The Economic and Financial Crimes Commission (EFCC) is preparing to charge a Lagos-based Bureau De Change (BDC) operator, Mukhtar, over allegations of terrorism financing. The EFCC has reportedly completed significant parts of its investigation into the matter, which is linked to a US blacklist.

The Federal Government of Nigeria has expressed its support for recent US sanctions imposed on Nigerian Bureau De Change (BDC) operators accused of financing terrorism. The government stated its commitment to collaborating with both domestic stakeholders and international partners to enhance national security.

The United States has designated a Nigerian national and three companies in Nigeria as alleged financial facilitators for the terrorist group, the Islamic State of Iraq and Syria. This action is part of a broader initiative that targets three individuals and six entities accused of facilitating the movement of funds for terrorist activities.

The federal government has announced its intended actions regarding a man from Lagos who is accused of financing terrorism, with further details about the case being revealed.

The United States government has sanctioned a Nigerian citizen and three Nigeria-based companies for allegedly facilitating financial transactions linked to the Islamic State of Iraq and Syria (ISIS), according to Ripples Nigeria. This action is part of a broader effort to combat terrorism financing.

The federal government of Nigeria has issued a directive to banks in response to the identification of individuals and companies suspected of financing terrorism. This measure aims to enhance the monitoring and regulation of financial transactions related to these suspects.